Vertiv Holdings Co. $VRT Shares Bought by Perpetual Ltd

Key Points

• Perpetual Ltd dramatically increased its Vertiv stake by 6,110.5% in the third quarter, purchasing 112,555 additional shares for a total holding of 114,397 shares valued at $27.6 million.
• Institutional investors own 89.92% of Vertiv, while director Edward Monser sold 15,287 shares for approximately $3.88 million under a pre-arranged Rule 10b5-1 plan.
• Vertiv reported quarterly EPS of $1.52, exceeding estimates, while revenue rose 24.1% year over year to $3.27 billion. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $337.67, despite shares opening at $239.48.

Perpetual Ltd increased its stake in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 6,110.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 114,397 shares of the company's stock after purchasing an additional 112,555 shares during the period. Perpetual Ltd's holdings in Vertiv were worth $27,605,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of VRT. SFE Investment Counsel grew its stake in Vertiv by 1.1% in the 1st quarter. SFE Investment Counsel now owns 3,052 shares of the company's stock worth $765,000 after buying an additional 32 shares in the last quarter. Versant Capital Management Inc increased its holdings in shares of Vertiv by 3.0% in the 2nd quarter. Versant Capital Management Inc now owns 1,156 shares of the company's stock worth $387,000 after buying an additional 34 shares during the last quarter. Webster Bank N. A. raised its position in shares of Vertiv by 6.9% during the 1st quarter. Webster Bank N. A. now owns 542 shares of the company's stock valued at $136,000 after buying an additional 35 shares in the last quarter. Sachetta LLC raised its position in shares of Vertiv by 41.4% during the 1st quarter. Sachetta LLC now owns 123 shares of the company's stock valued at $31,000 after buying an additional 36 shares in the last quarter. Finally, Pincus Capital Management LP raised its position in shares of Vertiv by 0.8% during the 1st quarter. Pincus Capital Management LP now owns 4,713 shares of the company's stock valued at $1,181,000 after buying an additional 38 shares in the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Vertiv news, Director Edward Monser sold 15,287 shares of the company's stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the completion of the sale, the director directly owned 16,500 shares in the company, valued at $4,188,030. This represents a 48.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is owned by corporate insiders.

Vertiv Stock Down 1.4%

Shares of NYSE VRT opened at $239.48 on Tuesday. Vertiv Holdings Co. has a one year low of $147.82 and a one year high of $379.93. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. The firm's 50 day simple moving average is $260.02 and its two-hundred day simple moving average is $290.07. The stock has a market capitalization of $92.20 billion, a P/E ratio of 54.18, a PEG ratio of 0.90 and a beta of 2.05.

Vertiv (NYSE:VRT - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.43 by $0.09. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same period last year, the firm posted $0.95 earnings per share. The business's revenue was up 24.1% compared to the same quarter last year. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. As a group, analysts expect that Vertiv Holdings Co. will post 6.73 EPS for the current fiscal year.

Vertiv Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Monday, September 14th were paid a $0.0625 dividend. The ex-dividend date of this dividend was Monday, September 14th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv's payout ratio is currently 5.66%.

Analyst Ratings Changes

A number of research firms have recently issued reports on VRT. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Vertiv in a report on Monday, September 28th. Mizuho reduced their target price on Vertiv from $380.00 to $300.00 and set an "outperform" rating on the stock in a research note on Thursday, July 30th. Robert W. Baird set a $320.00 price target on Vertiv and gave the company an "outperform" rating in a research report on Thursday, July 30th. The Goldman Sachs Group lowered their price target on Vertiv from $352.00 to $301.00 and set a "buy" rating on the stock in a research report on Thursday, July 30th. Finally, KeyCorp dropped their price target on Vertiv from $360.00 to $325.00 and set an "overweight" rating for the company in a research note on Thursday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $337.67.

Vertiv Profile

Vertiv Holdings Co provides digital infrastructure and continuity solutions for data centers, communication networks, and other technology-intensive facilities. The company helps customers design, build, operate, and maintain infrastructure that supports the availability, performance, and efficiency of critical digital systems.

Its product portfolio includes power management and distribution equipment, uninterruptible power supplies, switchgear, busways, racks, integrated modular systems, and data center infrastructure.

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